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An investor is choosing between 3 funds. All funds have gross returns of 10%. Mutual Fund Price Gross Return Front load Back load Expense ratio
An investor is choosing between 3 funds. All funds have gross returns of 10%.
Mutual Fund | Price | Gross Return | Front load | Back load | Expense ratio |
A | 100 | 10% | 0 | 1.5% | 0.50% |
B | 100 | 10% | 5% | 0 | 0.25% |
C | 100 | 10% | 0 | 0 | 1% |
a. With holing period of 15 years, you choose stock _____.
b. The EAR of the chosen fund is ______ (10.12%, 9.00% ,9.39%)
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